Saipem and Subsea7 have agreed to merge, creating an offshore energy services company called Saipem7 with annual revenue of ...
The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...
Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...
Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...
President Donald Trump pledged a U-turn away from the Biden administration's commitment to fighting climate change and promoting clean energy ...
Senators voted 54-44 to overturn the Bureau of Ocean Energy Management’s Protection of Marine Archaeological Resources rule.
Suriname's oil and gas sector is experiencing a surge in investment and exploration, with major projects and significant ...
On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible ...
BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?
Namibian independent oil and gas explorer Custos Energy has released an update on the second exploration and appraisal campaign on blocks 2813A and 2814B located in Namibia’s highly prospective Orange ...